CHICAGO, IL -- (Marketwire) -- 10/24/08 -- Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs) announced that expense ratios for its eleven domestic PowerShares FTSE RAFI ETF portfolios will be lowered to 39 basis points effective November 1, 2008.

The names and ticker symbols for the PowerShares FTSE RAFI ETFs are listed below:

PRF   PowerShares FTSE RAFI US 1000 Portfolio
PRFZ  PowerShares FTSE RAFI US 1500 Small-Mid Portfolio
PRFM  PowerShares FTSE RAFI Basic Materials Sector Portfolio
PRFG  PowerShares FTSE RAFI Consumer Goods Sector Portfolio
PRFS  PowerShares FTSE RAFI Consumer services Sector Portfolio
PRFE  PowerShares FTSE RAFI Energy Sector Portfolio
PRFF  PowerShares FTSE RAFI Financials Sector Portfolio
PRFH  PowerShares FTSE RAFI Health Care Sector Portfolio
PRFN  PowerShares FTSE RAFI Industrials Sector Portfolio
PRFQ  PowerShares FTSE RAFI Telecom & Technology Sector Portfolio
PRFU  PowerShares FTSE RAFI Utilities Sector Portfolio

"Invesco PowerShares pioneered fundamentals weighted ETFs introducing the first broad based US 1000 portfolio in 2005, followed by a US 1500 and sector portfolios in 2006," said Bruce Bond, President and CEO of Invesco PowerShares.

The PowerShares' Fundamentals Weighted Portfolios are based on FTSE™ RAFI® indexes, uniquely constructed using four fundamental measures to rank a company's size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to fundamental scores.

"The PowerShares fundamentals weighted ETFs are an important alternative to cap weighted portfolios seeking to provide investors higher returns with lower volatility over time. We are pleased to continue our industry leading role and will be lowering fees across the entire domestic FTSE RAFI lineup," continued Bruce Bond.

Invesco PowerShares is leading the intelligent ETF revolution through its family of more than 140 domestic and international index-based and actively managed exchange-traded funds. With assets under management as of September 30, 2008, of approximately $12.21 billion, PowerShares ETFs trade on all of the major U.S. stock exchanges that trade ETFs. For more information, please visit us at www.invescopowershares.com.

Invesco PowerShares is a part of Invesco Ltd., a leading independent global investment management company dedicated to helping people worldwide build their financial security.